The 16th edition of Automechanika Dubai is scheduled to be held from May 1-3, 2018. As the largest international automotive aftermarket trade show in the Middle East, Automechanika Dubai serves some of largest automotive markets such as Saudi Arabia and Iran. The show also acts as the central trading link for markets that are difficult to reach connecting the wider Middle East, Africa, Asia and key CIS countries.
India has emerged as one of the leading global automotive hub in recent years. The country is one of the most preferred locations for manufacturing high quality auto components. Exporting to over 160 countries, the Indian auto component industry is a cost-effective manufacturing base that keeps costs lower by 10-25% relative to operations in Europe and Latin America. India's geographical proximity to key automotive markets like the Middle East and Europe is a key advantage that makes it a global force to reckon with in the global auto component industry.
Over 100 Indian companies are participating with joint participation from EEPC and ACMA. IBEF is expected to undertake the branding activities. The India Pavilion is expected to be located in Hall 1.
YOU CANNOT MISS VISITING THE INDIA PAVILION AT AUTOMECHANIKA DUBAI BECAUSE:
COMPANIES AT INDIA PAVILION
During the FY 2016-17 the Indian Automotive Industry faced several challenges such as demonetization, introduction of GST, strict emission norms, safety regulations. However, the Indian automobile market remained buoyant in 2016-17.
Turnover - Auto Component Industry: 2016-17
Auto Components Supply to OEMs
Today out of 750 ACMA members, 688 have ISO9000 certification, 574 have TS16949 certification, 14 have QS9000 certification, 309 have ISO14001 certification, 180 have OHSAS18001 certification and 14 have secured the prestigious Deming Prize.
The Automotive Mission Plan 2016-26 (AMP 2026) is the collective vision of Government of India and the Indian Automotive Industry outlining the growth trajectory of the Vehicles, Autocomponents, and Tractor industries for the next ten years.
Exports of auto components grew by 3.1 per cent to Rs 73,128 crore (USD 10.90 billion) from Rs 70,916 crore (USD 10.81 billion) in 2015-16, registering a CAGR of 11 percent over a period of six years
The scope of globalization in automotive sector has opened up newer avenues for the transportation industry, especially while it makes a shift towards electric, electronic and hybrid cars, which are deemed more efficient, safe and reliable modes of transportation.
The Automotive Mission Plan 2016-26 (AMP 2026) is the collective vision of Government of India and the Indian Automotive Industry outlining the growth trajectory of the Vehicles, Autocomponents, and Tractor industries for the next ten years. According to Automotive Mission Plan 2016-26 (AMP) the Indian auto component industry aims to achieve USD 200 billion in revenue by 2026, with exports in the region of USD 70-80 billion and to realise this, the industry requires USD 25- 30 billion in investments.
Today out of 750 ACMA members, 688 have ISO9000 certification, 574 have TS16949 certification, 14 have QS9000 certification, 309 have ISO14001 certification, 180 have OHSAS18001 certification and 14 have secured the prestigious Deming Prize. Further, ACMA Centre for Technology, has facilitated over 600 plants in the component sector achieve best-in-class operations through cluster programs viz. ACT SME Cluster, ACT Foundation Cluster, ACT Advance Cluster, ACT Engineering Cluster and ACT New Product Development Cluster and zero defect zero effect cluster program.
To help upgrade the capabilities of Tier2s and 3s, the recently launched ACMA-UNIDO cluster program with support of the Department of Heavy Industry, Government of India has been hugely successful, in a short span of one year, over two hundred small and medium auto component manufacturers are taking advantage of this program. In the next few years, the program is expected to cover a very significant number of smaller companies in the sector.
During the FY 2016-17 the Indian Automotive Industry faced several challenges such as demonetization, introduction of GST, strict emission norms, safety regulations. However, the Indian automobile market remained buoyant in 2016-17. The automobile industry in India produced a total of 25.31 million vehicles, including passenger vehicles, commercial vehicles, three wheelers and two wheelers during 2016-17 against 24.01 million in 2015-16 – a growth of 5.4%. Production of passenger vehicles increased by a healthy 9.4% to 3.7 million units, while overall Commercial Vehicles production registered a growth of 3% from 7,86,692 vehicles in 2015-16 to 8,10,286 vehicles in 2016-17. Two Wheelers production grew by 5.8% to 19.92 million units in 2016-17.
Even global markets were fairly robust during the calendar year (CY) 2016 with total vehicle production increasing by 4.5% to around 95 million vehicles according to OICA. Geographically, the European Union (EU) recorded a growth of 3%, while Asia-Oceania and Africa recorded production growth of 7.6% and 7.9% respectively. The only weak spot was the (-) 0.5% production growth in the Americas.
The Indian Auto-Component Industry showed healthy growth of 14.3 per cent posting Rs. 29, 2184 crore (USD 43.5 billion) turnover in the FY 2016-2017. While the exports showed a growth of 3.1 percent scaling to Rs. 73,128 crore (USD 10.9 billion) in FY 2016-17. The Aftermarket grew by 25.6 percent to Rs. 56,096 crore (USD 8.4 billion) from Rs 44,660 crore (USD 6.8 billion) in the previous fiscal.
|
|
Exports of auto components grew by 3.1 per cent to Rs 73,128 crore (USD 10.90 billion) from Rs 70,916 crore (USD 10.81 billion) in 2015-16, registering a CAGR of 11 percent over a period of six years
Europe accounted for 35 per cent of exports followed by Asia and North America, with 27 per cent and 26 per cent respectively. The key export items included Hydraulic Power Steering Systems & Steering Gear Systems, Gear boxes & parts, parts of diesel engines, parts for automobiles and earth moving equipment, drive - axles & parts, spark ignition, suspension systems, crank shaft for engines toothed wheels and brake.
Imports of auto components decreased by 0.1 per cent from Rs.90, 662 crore (USD 13.82 billion) in 2016- 2017 to Rs.90571 crore (USD 13.50 billion) in 2016-2017.
The scope of globalization in automotive sector has opened up newer avenues for the transportation industry, especially while it makes a shift towards electric, electronic and hybrid cars, which are deemed more efficient, safe and reliable modes of transportation. Over the next decade, this will lead to newer verticals and opportunities for auto-component manufacturers, who would need to adapt to the change via systematic research and development. According to Automotive Mission Plan 2016- 26 (AMP) the Indian auto component industry aims to achieve USD 200 billion in revenue by 2026, with exports in the region of USD 70-80 billion and to realise this, the industry requires USD 25-30 billion in investments.
However, globally, a majority of experts believe that the auto industry is at the verge of disruption, which might have a significant impact on the value chain. It has been predicted that some OEMs or supplier will disappear until 2030 due to this disruption and new players like Google, Uber etc. will capture the market revenue of the auto industry. The trends that are to disrupt the market dynamics include shared mobility, connectivity with the diffusion of advanced technology, autonomous driving and electrification of vehicles. Overall, the mix and nature of mobility is expected to change significantly, subject to several interdependent trends.
